Inquire About this Property

I-75 Interchange Major Flag Hotel

Charlotte County, FL 33950

Property Type:
Investment
Size:
38,000± SF
Asking Price:
$6,800,000

Property Resources

Property Highlights

  • CAP Rate: 9.51% (Actual 2021), 11.37% (Projected 2022)
  • NOI: $646,507 (Actual 2021), $772,941 (Projected for 2022)
  • Recently underwent $1M renovation

Fully Renovated 70±­ Room Hotel

This full-service hotel is conveniently located off I-75 in Charlotte County, Florida. The property features first-class amenities catering to both leisure guests and business travelers including pool & hot tub, fitness center, spacious breakfast area, coin-operated laundry facilities, business center and an event space/meeting room that accommodates 25 guests. $1-million in recent renovations exceeded PIP for rebranding and included a state-of-the-art, self-service kiosk in the lobby that can assist in handling check-in, check-out and reservations allowing staff to focus on excellent service. The recently remodeled guest rooms come in a number of different floor plans, many with comfortable work spaces and two-room suites with separate living & bedroom areas and kitchenettes. Each spacious and modern guest room features a 50” flat-screen HDTV, microwave, refrigerator, coffee maker, work space and ironing amenities. This strategic location allows quick and easy access to a variety of demand generators in the area as well as the Airport and Gulf beaches.

Inquire

Fill out the form below to contact the listing agent and request additional information.

Fred Kermani, CCIM, AIA

Partner

  • Hidden
  • Hidden
  • Hidden
  • Hidden